Question
Under Clause 4 of the Banking Ombudsman Scheme, 2006,
who appoints the Banking Ombudsman, and what is the maximum tenure for a single appointment?Solution
Explanation:
Clause 4 of the Banking Ombudsman Scheme, 2006 (issued under Section 35A of the Banking Regulation Act, 1949) explicitly states: ·        Appointing authority:  The Reserve Bank of India  (not the Central Government a very common confusion in exams) ·        Eligibility:  The appointee must be one of the RBI's own officers  in the rank of Chief General Manager or General Manager ·        Tenure:  The appointment shall be made for a period not exceeding three years at a time
Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varia...
Statements:
Only a few necklaces are chains.
No chain is a bracelet.
All bracelets are bangles.
Conclusions:
I. No ba...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements: Some speaker are enjoyment.
                         No enjoyment is a music.
Conclusions: I. ...
Statements:
All Platters are Roasters.
All Roasters are Sticks.
No Stick is a Pan.
Conclusions:
I. All roasters can be Pan.
II. No Pan is a Platter.
Statements:
Few Numbers are Letters.
All Numbers are Consonants.
Some Consonants are not Alphabets.
Conclusion:
Read the given statements and conclusion carefully. Assuming the information given in the statement is true, even if it appears to be at variance with ...
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
Statements:Â Â Â Â Â Â
Some chairs are table.
All tables are window.
Conclusions:Â Â Â Â Â Â
I. All table are chair.
<...Statements:
Only a few Cups are Spoons
All Spoons are Forks
Some Forks are Plates
Conclusion:
I. Some Cups are F...
Relevant for Exams:
